Ontario Schools approves loan for upgrades

3:08 AM,
Mar. 12, 2014

Written by

The Ontario Board of Education approved Tuesday a resolution that will help pay for energy improvements at the school without seeking funds from taxpayers.

School Treasurer Randy Harvey explained through the Energy Conservation Program, House Bill 264, the district will be able to make needed upgrades to lighting fixtures and the heating/cooling system without seeking a levy to cover the cost. The improvements are not to exceed $598,230.

The government loan allows schools to spread the costs of the upgrades across 15 years, in which time the savings collected from the upgrades will pay ...